1-bedroom apartment 37 m² in The City Phuket, Katu
Main Characteristics
Apartment Description
If your aim is to buy an apartment in Phuket for comfortable permanent living or long-term rental income, this property warrants close consideration. The City Phuket residential complex is situated in the quiet, verdant Wichit neighbourhood — at the heart of the city's facilities, away from tourist crowds.
Design and space functionality From an interior design perspective, the Type A layout is meticulously planned. The developer has moved beyond a cramped studio format to provide genuine space division. The unit features a separate bedroom, a welcoming living room and a practical kitchen area.
The interior employs a warm, contemporary aesthetic: emphasis on natural wood texture, layered lighting design and clean furniture lines visually expand the space, creating an airy atmosphere. The apartment comes with a complete furniture package — the interior is already furnished on a 'move-in ready' basis, so you won't need to spend time sourcing décor.
Investment and purchase terms When considering property investment, it's important to assess the developer's track record. The project is delivered by World Corporation Public Company Limited — a developer with 37 years' experience.
Currently, apartments from the developer at The City offer attractive financial arrangements. You can pay 50% of the purchase price upfront, with the remaining 50% available as a direct developer credit line over 15 years at 6% per annum. This makes property prices in this project highly accessible, providing an excellent foundation for island living.
Infrastructure and ServicesInfrastructure and Services
Location Description
Wichit is not an over-touristed locale, but a respectable urban environment with clear logistics. This is where expats, senior executives and business owners reside.
Within a 5–10 minute radius of the complex, you'll find everything you need:
Shopping and groceries: Central Phuket, the island's largest shopping mall; hypermarkets including Makro, Lotus's and Baan&Beyond; and the popular Chao Fa Variety Market.
Education and healthcare: HeadStart, a prestigious international school, and Bangkok Hospital Phuket, a leading medical facility.
Sport and leisure: Rama IX Park for morning runs in the open air.
At the same time, thanks to excellent transport links, travel to the beaches of Kamala, Patong or Kata takes no more than 15–20 minutes.
Property prices here rise not due to short-term tourism trends, but because of sustained domestic demand, making an investment in The City Phuket a dependable asset.
The well-developed road network from Wichit provides easy access to key Phuket districts, including popular beaches such as Patong and Kata, as well as other tourist destinations.
Property Advantages
Thoughtful zoning
The separated bedroom ensures the privacy you need, whilst the open-plan kitchen and living area with access to the balcony creates a comfortable space for relaxation. The apartment comes fully furnished.
Facilities within walking distance
An ideal location for living. Within minutes you'll find major shopping centres (Central Phuket, Makro, Lotus), the authentic Chao Fa market, as well as hospitals and schools. You won't be caught in tourist traffic queues.
Flexible financing option
A rare opportunity on the Phuket market: pay 50% of the down payment upfront, and arrange the remainder as a direct developer mortgage over 15 years at a fixed rate of 6% per annum.
Additional
PHASE 1 — Ready apartments
Reservation deposit: ฿100,000
100% — upon transfer of ownership
You have the option to take a developer mortgage for 50% of the purchase price over 15 years at 6% per annum
PHASE 2 — Completion in 2027
Reservation deposit: ฿100,000
Contract payment: 5% of apartment price within 10 days of reservation.
Subsequent payments: 10% of apartment price every 3 months.
10% — final payment upon transfer of ownership, no later than December 2027
Sinking Fund: ฿500 per sqm, one-time payment
Meters installation: ฿13,600, one-time payment
Service charge: ฿60 per sqm monthly, paid annually
Leasehold registration (90-year lease) — 1% of purchase price every 30 years
Freehold registration (100% ownership) — 1% of purchase price
Included in the price
Additional
PHASE 1 — Ready apartments
Reservation deposit: ฿100,000
100% — upon transfer of ownership
You have the option to take a developer mortgage for 50% of the purchase price over 15 years at 6% per annum
PHASE 2 — Completion in 2027
Reservation deposit: ฿100,000
Contract payment: 5% of apartment price within 10 days of reservation.
Subsequent payments: 10% of apartment price every 3 months.
10% — final payment upon transfer of ownership, no later than December 2027
Sinking Fund: ฿500 per sqm, one-time payment
Meters installation: ฿13,600, one-time payment
Service charge: ฿60 per sqm monthly, paid annually
Leasehold registration (90-year lease) — 1% of purchase price every 30 years
Freehold registration (100% ownership) — 1% of purchase price
Included in the price
Project Gallery
About developer
World Corporation Public Company Limited is one of Thailand's oldest and most trusted public developers. Specializing in the construction of premium residential condominiums and large-scale commercial projects, the company firmly holds a leading position in the investment real estate market in Phuket.
Choosing the objects from World Corporation, investors receive excellent quality of construction, 100% transparency of the transaction and unique financial conditions.
Developer in facts and figures
Established in 1994: more than 32 years of impeccable experience in development and construction.
Highest level of reliability: The status of a public company (Public Co. Ltd.) guarantees full transparency of business processes and regular independent audits.
Large-scale portfolio: Diversified assets ranging from large industrial parks on the mainland (World Industrial Estate in Lamphun and Pathum Thani provinces) to modern Residential complexes on the islands.
💎 Unique advantage: 50% credit line from the developer
The main indicator of World Corporation's colossal financial strength is its absolute independence from bank loans. The developer has such strong equity capital that it lends to its buyers on its own.
Direct financing: Developer provides its clients with a credit line of up to 50% of the real estate value for its own facilities.
Investor confidence: The company's ability to lend to buyers from its own funds is the best proof that construction will never stop due to budget constraints.
Easy processing: Approval takes place in-house without complicated bank checks and unnecessary bureaucracy.
Landmark projects in Phuket
The company's portfolio includes sought-after Residential complexes in strategic locations on the island, designed for both comfortable living and stable Passive income.
The City Phuket (district Katu / Center of Phuket) Flagship ready project of the company. Fully commissioned.Ideal location just 700 meters from the largest shopping mall Central Phuket (Floresta & Festival). Residents have access to: movie theater, meeting room, meeting room, swimming pool.
ABOV Patong A new large-scale 494 unit investment complex being built in the heart of Phuket's tourist life.
The Forest Patong Condominium, harmoniously combining tropical privacy with Walking distance to the famous Patong Beach.
Who would be perfect for World Corporation?
At KVARIS Agency, we recommend looking at World Corporation projects if you fall into any of the following groups:
Expats, Remote Professionals and Digital Nomads The Developer places a strong emphasis on facilities for long-term living and working. For example, The City Phuket features full-fledged co-working spaces (The City Work) and recreational areas, while its central location 700 meters from Central Phuket eliminates the need to stand in tourist traffic.
Leveraged Investors A unique 50% line of credit from the Developer itself is ideal for those who do not want to withdraw all the capital from their business at once, or who plan to purchase a more premium lot with borrowed funds.
Conservative buyers looking for 100% security of transaction The status of a public company and more than 32 years of experience in the Thai market exclude the risks of under-construction or bankruptcy. This is the choice for those who are looking for maximum transparency and guarantee of safety of investment.
The developer's projects cover the most popular rental locations: The City Phuket will provide year-round occupancy for long-term expat rentals, while the complexes on Patong (ABOV, The Forest) will generate highRental yields during the high tourist season.
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